SmartFX Ultimate Scalper EA MT4

SmartFX Ultimate Scalper EA MT4::

Overview

The SmartFX Ultimate Scalper EA is a custom-built forex robot designed specifically for the MetaTrader 4 (MT4) trading platform. Its primary focus is on scalping, which involves capturing short-term price movements. Below are the key details:

• Platform: MetaTrader 4
• Strategy: Scalping
• Optimized Time Frames: M1 (1-minute) and M5 (5-minute)
• Currency Pairs: EURUSD, USDJPY, USDCHF

Key Features

1. Scalping Strategy: The EA aims to capitalize on rapid price fluctuations by entering and exiting trades swiftly.
2. Custom Indicators: SmartFX Ultimate Scalper relies on a set of custom-built indicators to identify trading opportunities.
3. Proprietary Price Action Method: The robot uses a unique price action approach to enhance its decision-making process.
4. Multiple Customization Options: Traders can adjust settings to align the EA with their preferences.
5. Risk Management: All trades are protected by stop loss and take profit orders.

Strategy

The SmartFX Ultimate Scalper EA’s strategy combines various factors to make informed trading decisions:

• Trend Detection: The EA identifies prevailing trends in the market.
• Candle Heights: It considers the heights of individual candles.
• Wave Patterns: SmartFX looks for specific wave patterns.
• Oscillators: Oscillators play a role in confirming trade signals.

Minimum Deposit

To get started with the SmartFX Ultimate Scalper EA, consider the following minimum deposit:

• Minimum Deposit: The recommended minimum deposit varies by broker but generally ranges from $100 to $500.

Trade Execution

The EA operates under optimal market conditions and avoids trading during sideways price action. It focuses on the EURUSD, USDJPY, and USDCHF pairs, primarily on the 1-minute and 5-minute charts.